
Musk, hardline US Republicans ramp up attacks on Trump tax and spending bill

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Hardline Republicans and Elon Musk are opposing Trump's tax and spending bill, which could add $2.4 trillion to U.S. debt. The bill extends 2017 tax cuts and increases military spending, with potential costs rising to $5 trillion if temporary cuts are made permanent. Musk criticized the bill for not sufficiently cutting spending, while congressional Republicans downplayed his influence. The bill faces opposition from both deficit hawks and rural-state Republicans, with concerns over healthcare cuts and increasing uninsured rates. The CBO's forecast on macroeconomic effects is pending.
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